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Bangladesh's general point-to-point inflation 9.92% in Aug 2023

12 Sep '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Bangladesh's general point-to-point inflation rate was 9.92 per cent in August this year—up from July's 9.69 per cent—primarily due to rising food inflation. The figure was 9.74 per cent in June.
  • Non-food inflation rate declined to 7.95 per cent in August from 9.47 per cent in July.
  • The annual average inflation from September 2022 to August 2023 was 9.24 per cent.
Bangladesh’s general point-to-point inflation rate reached 9.92 per cent in August this year—up from July’s 9.69 per cent—primarily due to rising food inflation.

The figure was 9.74 per cent in June, according to the Bangladesh Bureau of Statistics (BBS).

While food inflation increased last month, non-food inflation came down. Non-food inflation rate declined to 7.95 per cent in August from 9.47 per cent in July.

The general point-to-point inflation both at the urban and rural areas also increased last month. It was 9.98 per cent in rural areas in the month (9.75 per cent in July) and 9.63 per cent in urban areas (9.43 per cent in July), domestic media outlets reported.

The annual average inflation from September last year to August this year was 9.24 per cent.

Fibre2Fashion News Desk (DS)

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